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Futures pare losses on Lighthizer’s trade comments

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2018. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures pared losses on Friday after Trade Representative Robert Lighthizer said he would be surprised if Saturday’s dinner between U.S. President Donald Trump and his…

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Former GE employees say insurance risks were ignored: WSJ

The General Electric logo is pictured on working helmets during a visit at the General Electric offshore wind turbine plant in Montoir-de-Bretagne, near Saint-Nazaire, western France, November 21, 2016. REUTERS/Stephane Mahe (Reuters) – General Electric Co’s (GE.N) former employees are being questioned by federal investigators about details in a legacy insurance business…

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Former Autonomy boss Lynch to fight U.S. fraud charges

LONDON (Reuters) – The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated the value of the software group. FILE PHOTO: Mike Lynch, Founder and Chairman of Autonomy Corporation, poses…

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Renault-Nissan in first crisis meeting since Ghosn arrest

Arnaud Deboeuf leaves after the Renault-Nissan-Mitsubishi alliance meeting, in Amsterdam, the Netherlands, November 29, 2018. REUTERS/Piroschka van de Wouw AMSTERDAM (Reuters) – Renault (RENA.PA) and Nissan (7201.T) “emphatically reiterated” their commitment to one another on Thursday as executives gathered for talks likely to address the future of the alliance, rocked by the…

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Deutsche Bank offices raided in money laundering probe

FRANKFURT (Reuters) – Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers”, the public prosecutor’s office in Germany’s financial capital said. Police walks in front of Deutsche Bank headquarters as roughly 170 criminal police officers, prosecutors and tax inspectors searched…

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